Blog Posts in November, 2013
Posted on Nov 27, 2013 By Stephens Law Group
Under Section 16061.7 of the California Probate Code, certain Trustees are required to send a legal notice to the Trust's beneficiaries and other interested parties. In estate planning law, this is ...
Continue reading "What is a §16061.7 notice?" »
Posted on Nov 19, 2013 By Stephens Law Group
A good question. And the answer is quite simple. As used in estate planning law, the terms " Settlor ", " Trustor " and " Trustmaker " are all interchangeable. They all ...
Continue reading "What's the difference between a Settlor, Trustor, and Trustmaker?" »
Posted on Nov 14, 2013 By Stephens Law Group
Another good question from many of our California clients; and here's the answer: http://www.calbar.ca.gov/Public/Pamphlets/Seniors.aspx Seniors & the Law — A Guide for Maturing ...
Continue reading "Where can I get a free copy of "Seniors and the Law"?" »
Posted on Nov 11, 2013 By Stephens Law Group
A " Pour-over Will " is one that leaves your otherwise probatable assets to your Trust. But rarely will you see the words "Pour" or "Over" in the title of your Pour-Over ...
Continue reading "Is my Will a "Pour-Over" Will?" »
Posted on Nov 7, 2013 By Stephens Law Group
The IRS recently published Rev. Proc. 2013-35, which sets the inflation-adjusted exclusion amounts for 2014, for estate taxes and gift taxes. Estate Tax Exclusion Amount : For an estate of any ...
Continue reading "What are the inflation-adjusted 2014 estate and gift tax exclusion amounts?" »
Posted on Nov 4, 2013 By Stephens Law Group
The IRS recently released its new Form 706, U.S. Estate Tax Return, here: http://www.irs.gov/pub/irs-pdf/f706.pdf Thanks to the American Taxpayer Relief Act of 2012 (ATRA), and its new $5.25 million ...
Continue reading ""Portability" - what's that got to do with the new 2013 IRS Estate Tax Return?" »
Posted on Nov 1, 2013 By Stephens Law Group
We get this question a lot. And the California State Bar Foundation (one of our favorite providers of free, easy-to-read consumer guides on many legal subjects) does a good job providing the answer: ...
Continue reading "Do I need a Living Trust?" »